There’s lots of talk recently about the wealth of Jeff Bezos. There are maps comparing his wealth to entire countries, a “You are Jeff Bezos” game where you can spend his money on different things - like paying their fair-share of taxes, and a graphic that puts his wealth in perspective. A recurring point is that most people simply cannot fathom the amount of money he has. The number is $150 billion. My favorite attempt to bring the number into human terms is Quartz’s article, “The average US worker would need 10 times the length of all human history to earn as much as Jeff Bezos”. This beautifully captures the point that someone does not simply earn or work for such an amount of money, but rather captures it. We, at degrowth.info, thought a similar calculation would be interesting. We wanted to know how many humble (but hopefully useful) projects like ours Jeff Bezos’ wealth could pay for. In case you haven’t heard already, degrowth.info is improving its site to better support the degrowth community and improve the usability of the platform – this will cost 7,500€.
In the early 17th century, the bubonic plague is said to have played a crucial role in popping the tulip bubble in the Netherlands. Today, the coronavirus (COVID-19) is leading not only to a health crisis, but also an economic one. The outbreak is sparking realistic fears of a deep global downturn. Our globalised, just-in-time, cost-cutting, risk-taking and profit-maximising economy has shown a...
Dear Life, I was not aware, when I was born, that I was born onto a battlefield. I was not aware, as I learned to walk, that I was stomping over the habitats of many creatures. I was not aware, as my mother drove me to school, that we were riding roughshod over the unmarked graves of our fellow humans. I was not aware, as we flew around the world, that I was attacking my child’s chances. I was...
The picture above shows some of the statues decorating the northern entrance of the Corvinus University in Budapest where the recent Degrowth Conference took place. The building has not always been a university. It once was a place of trade, and the statues over the entrance depict virtues which, back then, were considered central to trade. Virtues like courage, faith, love and honesty. When di...